Search for: "CITIGROUP MORTGAGE LOAN SERVICES"
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12 May 2011, 8:00 am
Finally in January, the bank bought the loan back from the investors, restoring the Zetterlunds’ original status as mortgage holders. [read post]
5 Aug 2011, 6:44 am
Bank of America never wanted to own the properties; in fact, it probably never wanted to own the loans, and almost certainly never originated the loans. [read post]
24 Jul 2020, 6:23 am
Reed, former Citicorp/Citigroup CEO. [read post]
10 Feb 2011, 7:14 am
I think the story in the Times put it pretty succinctly… “Out of the five major mortgage servicers — Bank of America Corp., Wells Fargo & Co., JPMorgan Chase & Co., Ally Financial and Citigroup Inc. [read post]
30 Jul 2012, 10:28 am
$17.0 billion will be in the form of credits for loan modification and foreclosure prevention activities for homeowners still in their homes [read post]
30 Nov 2011, 2:15 pm
JP Morgan Chase went from A+ to A; Goldman Sachs, Bank of America, Morgan Stanley and Citigroup were downgraded from A to A-; and Wells Fargo was cut from AA- to A+. [read post]
15 Feb 2012, 2:40 pm
LIBOR LIBOR is the principal global benchmark for short-term interest rates and used in relation to futures and options exchanges, loan agreements, such as mortgages, and consumer loans. [read post]
16 Jan 2012, 12:05 am
In this and some of the other high profile credit crisis cases – Citigroup; the BofA/Merrill Lynch merger case; Bear Stearns; AIG – it will be very interesting to see how the likely settlements of these cases will unfold. [read post]
15 Oct 2011, 4:43 am
” He left the administration last year to misinterpret things at Citigroup. [read post]
22 Mar 2023, 12:52 pm
In 2008, you had a bunch of the largest banks, Merrill Lynch, Morgan Stanley, Citigroup having bad assets on their books, mortgage backed securities. [read post]
7 May 2007, 7:25 am
Because they make economic sense, reverse mortgages are popular, and likely to become even more so as the population ages: Reverse mortgages increased 77% in 2006 to 76,351, compared with 2005, according to the National Reverse Mortgage Lenders Association. [read post]
23 Jul 2012, 12:14 am
The Libor benchmarks are used as the reference rate for a wide variety of financial instruments, including forward rate agreements; short-term interest futures contracts; interest rate swaps and inflation swaps; floating rate notes; syndicated loans, and variable rate mortgages, among many others. [read post]
19 Dec 2011, 2:26 am
Lehman would sell (though actually a loan) a bundle of toxic assets such as sub-prime mortgages and dubiously collateralized debt obligations to the bank. [read post]
5 Feb 2010, 6:05 am
And as Secretary Geithner recently acknowledged, “the Bankruptcy Code is not an effective tool for resolving the failure of a global financial services firm in times of severe economic stress. [read post]
21 Jul 2008, 2:41 pm
"Simply put, the bear market mauled the 2008 proxy season," said Pat McGurn, special counsel for RiskMetrics Group's ISS Governance Services unit. [read post]
19 Aug 2009, 9:16 am
In the current mortgage debacle, few of the players knew what the baskets of mortgages they were packaging, buying and selling were actually worth. [read post]
9 Dec 2011, 5:52 am
Bill Black has frequently noted that "In the Savings and Loan crisis, which was 1/70th the size of [the current] crisis, our agency made over 10,000 criminal referrals, and that resulted in the conviction on felony grounds of over 1000 elites in what were designated as major cases. [read post]
9 Dec 2011, 5:51 am
Bill Black has frequently noted that “In the Savings and Loan crisis, which was 1/70th the size of [the current] crisis, our agency made over 10,000 criminal referrals, and that resulted in the conviction on felony grounds of over 1000 elites in what were designated as major cases. [read post]
28 Dec 2010, 10:41 am
In 2007 and 2008, investment firms like UBS, Morgan Stanley, Citigroup, Merrill Lynch and others sold billions of dollars in various series of preferred stock issued by the two mortgage giants. [read post]
20 Sep 2009, 7:38 am
Further cuts in government services are likely. [read post]
